Information Management Spirals out of Control - Slide 3

Around four in ten companies take a single central department approach to managing their business critical information, while over one third (37 percent) use a separate department for each location approach to IM. Additionally, two in ten say information management is totally distributed with department managers responsible for their own area. There is no single owner of IM. Some leave it to IT (43 percent) and some to the CEO/board (38 percent).

One of the dirty little secrets of enterprise IT is that information is not all that well managed. IT organizations process and store data. But rarely is there a holistic approach in place to manage it. The end result is that IT costs spiral out of control.

A new survey of 641 business and IT leaders, conducted by the market research firm Coleman Parkes on behalf of Hewlett-Packard, finds that there is broad recognition of the problems associated with information management, but very little consensus about what exactly should be done to alleviate it.